Save to My WatchList and Close | View
Receipt | Print
Comprehensive
Report : Autoresearch Laboratories Del
© 2002 Dun & Bradstreet, Inc. All Rights Reserved.
Refer comments or questions to Customer Service.
------------------------------------------------------------------------
Business Summary
AUTORESEARCH LABORATORIES INC
DUNS: 00-542-8479
(DEL)
FINANCIAL STRESS CLASS: 0
(DEBTOR-IN-POSSESSION)
CREDIT SCORE CLASS: 0
6735 S OLD HARLEM AVE
KEY
(BEDFORD PARK)
=============================
AND BRANCH(ES) OR DIVISION(S) LOWEST
RISK
HIGHEST RISK
CHICAGO IL 60638
1 2 3 4 5
TEL: 708 563-0900
SIC:
87 34
LINE OF BUSINESS: FUEL AND LUBRICANT ADDITIVE TESTING FACILITY
YEAR STARTED: 1959
CONTROL DATE: 1997
DATE PRINTED: JUL 23 2002
CHIEF EXECUTIVE: GERALD KELLER, CHB-PRES-CEO
===============================================================================
Executive Summary
- Evidence of bankruptcy proceedings, receivership, settlement
with creditors
(composition or
"workout"). See SPECIAL
EVENTS, HISTORY or PUBLIC FILINGS
section.
- Subject company pays its bills an average 87 days beyond terms.
- Subject company's industry pays its bills an average 8 days
beyond terms.
- Subject company pays its bills slower than the average for its
industry.
- UCC filing(s) are reported for this business.
- Financing is secured.
- Under present management control 5 years.
- Evidence of open Suit(s) and Judgment(s) in the D&B
database.
- History is business.
See HISTORY, PUBLIC FILINGS or SPECIAL EVENTS section.
===============================================================================
Credit Capacity Summary
D&B Rating: --
Payment Activity
(based on 7 experiences):
Average High Credit:
$4,325
# of Employees
Highest Credit:
$25,000
Total: 39 Total
Highest Credits: $33,450
(27 Here)
Worth:
-
Working Capital: -
===============================================================================
Financial Stress Summary
Based on information in D&B's data files, the FINANCIAL STRESS
CLASS for this
business is 0. This means the company is either OPEN BANKRUPTCY,
DISCONTINUED
OPERATING AT THIS LOCATION, or cannot be scored. See SPECIAL
EVENTS for
details.
Financial Stress Norms are provided in the next section to support
your
analysis of other accounts you may have with similar demographic
characteristics as the subject company.
You may also wish to order full reports on these firms for a more
thorough
review of their risk profile.
===============================================================================
Financial Stress Norms
National
Norms for Companies in the Same ...
Percentile
-
Region (EAST NORTH CENTRAL)
49
-
Industry: BUSINESS, LEGAL AND ENGINEERING SERVICES
51
-
Employee Range (20-99)
72
-
Years in Business Range (3-5)
40
Notes:
- Financial Stress statistics are derived
using D&B's Stress Model. This
model
uses mathematical probabilities to determine the likelihood of a
business
experiencing financial stress within a twelve month period.
Companies experiencing financial stress are those that terminate
operations
without
paying all creditors in full, or reorganize or obtain relief from
creditors under state or federal law.
- Based on 1997 failure statistics.
- Percentiles are based on a 100 point
scale.
- The National Percentile reflects the
relative ranking of a company
among
all scorable companies in D&B's file.
===============================================================================
Credit Score Summary
Based on information in D&B's data files, the CREDIT SCORE
CLASS for this
business is 0. This
means the company is either OPEN BANKRUPTCY, DISCONTINUED
OPERATING AT THIS LOCATION, or cannot be scored. See SPECIAL EVENTS for
details.
Credit Score Norms are provided in the next section to support
your analysis of
other accounts you may have with similar demographic
characteristics as the
subject company.
You may also wish to order full reports on these firms for a more
thorough
review of their risk profile.
===============================================================================
Credit Score Norms
National
Norms for Companies in the Same ...
Percentile
-
Region (EAST NORTH CENTRAL)
53
-
Industry: BUSINESS, LEGAL AND ENGINEERING SERVICES
50
-
Employee Range (20-99)
57
-
Years in Business Range (3-5)
37
Note:
- Credit Score
predicts the likelihood of a firm paying in a severely
delinquent
manner (90+ Days Past Terms) over the next twelve months. It was
calculated
using statistically valid models and the most recent payment
information in
D&B's files.
- Percentiles are
based on a 100 point scale.
- The percentile
ranks a firm relative to other businesses. For example, a
typical
company located in a specific geographic region that is in the 80th
percentile
nationwide is a better risk than 79% of the total population of
scored
companies in D&B's files.
===============================================================================
Payment Trends
PAYDEX scores below are based on dollar weighted trade in most
recent 12 mos.
'00 '00 '01 '01 '01 '01 '01 '01 '01 '02 '02 '02 '02 '02 '02 '02
SEP DEC MAR JUN AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL
FIRM
54 50 50 38 31 30 31 31 31 31 31 31 31 31 31 31
Industry
Quartiles
----------
Upper
79 79 79 79 79 79
79
Median
75 75 75 75 74 75 75
Lower
67 67 68 67 66 66
68
Industry
PAYDEX based on: KEY TO PAYDEX SCORES:
SIC: 8734
79 2 Days Beyond
Terms
548 Firms
75 8 Days Beyond
Terms
30 90 Days Beyond Terms
===============================================================================
Summary Of Payment Habits
Dollar Range Comparisons:
Suppliers That Number
of
Total
% of Dollars
Extend Credit of... Experiences: Amount Within Terms
#
$
%
OVER $100,000
0
0 0
$50,000 - 99,999
0
0 0
$15,000 - 49,999
1 25,000 0
$ 5,000 - 14,999
0
0 0
$ 1,000 - 4,999
0
0 0
Under
1,000 5
950 63
===============================================================================
Payment Analysis By Industry
There are 7 payment experiences in D&B's file for the most
recent 12 months,
with 3 experiences reported during the last three month period.
Total
Dollar
Highest Within Slow
Slow Slow Slow
Recd
Amount
Credit
Terms 1-30 31-60 61-90 91+
# $
$
--- % of dollar amount ---
Total in D&B's File 7 33,450 25,000
Industry
Nonclassified 2
350 250 100 0 0 0 0
Petroleum refining 1 25,000 25,000 0 0 0
100 0
Short-trm busn credit
1
250 250 100 0 0 0 0
Mfg overhead hoists 1
250
250
0 0 0 100 0
Whol misc profsn eqpt
1
100
100
0 0 0 0 100
OTHER PAYMENT CATEGORIES:
Cash Experiences 0
0
Paying Record Unknown
1 7,500
Unfavorable Comments 0
0
Placed for Collection
with D&B
0
0
other
0
N/A
Indications of slowness can be the result of disputes over
merchandise, skipped
invoices, etc.
===============================================================================
Public Filings Summary
The following data includes both open and closed filings found in
D&B's database on the subject company.
Most Recent
Record Type
# Filing
Date
Bankruptcy Proceedings
1
10/10/2000
Judgments
1
05/18/2000
Liens
0
-
Suits
3
05/25/2001
UCC's
20
06/27/2000
===============================================================================
Public Filings Detail
The following data
is for information purposes only and is not the
official
record. Certified copies can only
be obtained from the
official source.
-------------------------------------------------------------------------------
* * * BANKRUPTCY * * *
-------------------------------------------------------------------------------
STATUS: OPEN BANKRUPT
SUBJECT: AUTORESEARCH
DATE STATUS ATTAINED:
10/10/2000
LABORATORIES
DATE BANKRUPTCY FILED: 10/10/2000
INCORPORATED
LATEST INFO COLLECTED: 10/11/2000
6735 S OLD HARLEM
CHAPTER NO: 11
AVENUE
TYPE: VOLUNTARY
CHICAGO, IL 60638
WHERE FILED: U S BANKRUPTCY COURT PETITION SIGNER: Gerald H Keller,
219 SOUTH DEARBORN ST President-CEO
CHICAGO, IL 60604 ATTORNEY: JAMES P
WOGNUM
DOCKET NO:
00-29573
122 S MICHIGAN AVE, SUITE
1290
CHICAGO,
IL 60603
JUDGE: JOHN D
SCHWARTZ
-------------------------------------------------------------------------------
* * * JUDGMENT(S) * * *
-------------------------------------------------------------------------------
CASE NO.: M3 436
JDGMT AWARD: $13,271
STATUS: Unsatisfied
JDGMT TYPE:
Judgment
DATE STATUS ATTAINED:
05/18/2000
AGAINST:
AUTORESEARCH LABORATORIES INC DATE ENTERED: 05/18/2000
IN FAVOR OF: AMERITECH CREDIT CORPORATION LATEST INFO
RECEIVED: 06/13/2000
WHERE FILED: COOK COUNTY CIRCUIT COURT/3RD
MUNICIPAL DIVISION, ROLLING
MEADOWS, IL
-------------------------------------------------------------------------------
* * * SUIT(S) * * *
-------------------------------------------------------------------------------
CASE NO.: 1M1 125097
SUIT AMOUNT: $9,014
STATUS: Pending
PLAINTIFF:
CHICAGO TRUCK CENTER INC DATE STATUS
ATTAINED: 05/25/2001
DEFENDANT:
AUTORESEARCH LABORTORIES DATE FILED:
05/25/2001
INCORPO
LATEST INFO RECEIVED:
06/05/2001
WHERE FILED: COOK COUNTY CIRCUIT COURT/1ST
MUNICIPAL DIVISION, CHICAGO, IL
-------------------------------------------------------------------------------
CASE NO.: M1 162008
SUIT AMOUNT: $273
STATUS:
Pending
PLAINTIFF:
COLUMBUS MC KINNON CORPORATION DATE STATUS ATTAINED: 12/29/2000
DEFENDANT:
AUTORESEARCH LABORATORIES DATE FILED:
12/29/2000
INCORP
LATEST INFO RECEIVED: 01/09/2001
WHERE FILED: COOK COUNTY CIRCUIT COURT/1ST
MUNICIPAL DIVISION, CHICAGO, IL
-------------------------------------------------------------------------------
CASE NO.: M3 436
SUIT AMOUNT: $13,271
STATUS: Pending
PLAINTIFF:
AMERITECH CREDIT CORPORATION DATE STATUS ATTAINED: 02/04/2000
DEFENDANT:
AUTORESEARCH LABORATORIES INC DATE FILED:
02/04/2000
WHERE FILED: COOK COUNTY CIRCUIT COURT/3RD LATEST INFO RECEIVED: 02/22/2000
MUNICIPAL DIVISION, ROLLING
MEADOWS, IL
-------------------------------------------------------------------------------
* * * UCC FILING(S) * * *
-------------------------------------------------------------------------------
COLLATERAL: Negotiable instruments including proceeds and products
- Inventory
including proceeds and products - Account(s) including proceeds and
products - Business machinery/equipment including proceeds and
products - and OTHERS
FILING NO:
003901441
DATE FILED:
08/31/1998
TYPE: Original
LATEST INFO RECEIVED:
10/02/1998
SEC. PARTY: NORWEST BUSINESS CREDIT INC, FILED WITH: SECRETARY OF
MILWAUKEE, WI
STATE/UCC DIVISION,
DEBTOR:
AUTORESEARCH LABORATORIES INC
IL
-------------------------------------------------------------------------------
COLLATERAL: Specified Negotiable instruments including proceeds
and products -
Specified Inventory including proceeds and products - Specified
Account(s) including proceeds and products - Specified Account(s)
including proceeds and products - and OTHERS
FILING NO:
002690178
DATE FILED:
03/14/1990
TYPE: Original
LATEST INFO RECEIVED:
03/30/1990
SEC. PARTY: HARRIS TRUST & SAVINGS BANK, FILED WITH:
SECRETARY OF
CHICAGO, IL
STATE/UCC DIVISION,
DEBTOR:
AUTORESEARCH LABORATORIES, INC
IL
-------------------------------------------------------------------------------
FILING NO:
003332577
DATE FILED:
11/28/1994
TYPE: Continuation
LATEST INFO RECEIVED:
12/07/1994
SEC. PARTY: HARRIS TRUST & SAVINGS BANK, ORIG. UCC
FILED: 03/14/1990
CHICAGO, IL
ORIG. FILING NO: 002690178
DEBTOR:
AUTORESEARCH LABORATORIES INC FILED WITH: SECRETARY OF
AUTORESEARCH LABORATORIES INC,
STATE/UCC DIVISION,
HARVEY, IL
IL
AUTORESEARCH LABORATORIES INC,
CHICAGO, IL
-------------------------------------------------------------------------------
COLLATERAL: Fixtures and proceeds - Building(s) and proceeds
FILING NO:
004232221
DATE FILED:
06/27/2000
TYPE: Original
LATEST INFO RECEIVED:
07/24/2000
SEC. PARTY: WELL FARGO BUSINESS CREDIT INC, FILED WITH: SECRETARY OF
MILWAUKEE
STATE/UCC DIVISION,
DEBTOR:
AUTORESEARCH LABORATORIES INC
IL
-------------------------------------------------------------------------------
COLLATERAL: Equipment and products
FILING NO:
003750396
DATE FILED:
10/14/1997
TYPE: Original
LATEST INFO RECEIVED: 11/14/1997
SEC. PARTY: CATERPILLAR INC, PEORIA, IL FILED WITH: SECRETARY OF
DEBTOR:
AUTOSRESEARCH LABORATORIES INC
STATE/UCC DIVISION,
IL
-------------------------------------------------------------------------------
COLLATERAL: Equipment and products
FILING NO:
003613430
DATE FILED:
11/18/1996
TYPE: Original
LATEST INFO RECEIVED: 02/03/1997
SEC. PARTY: CATERPILLAR INC, PEORIA, IL FILED WITH: SECRETARY OF
DEBTOR:
AUTORESEARCH LABORATORIES INC
STATE/UCC DIVISION,
IL
-------------------------------------------------------------------------------
COLLATERAL: Computer equipment - Equipment
FILING NO:
004082550
DATE FILED:
08/23/1999
TYPE: Original
LATEST INFO RECEIVED:
10/04/1999
SEC. PARTY: LIBERTY LEASING CO, WEST DES FILED WITH: SECRETARY OF
MOINES, IA
STATE/UCC DIVISION,
DEBTOR:
AUTORESEARCH LABORATORIES INC,
IL
HARVEY, IL
-------------------------------------------------------------------------------
COLLATERAL: Specified Computer equipment including proceeds and
products
FILING NO:
003320520
DATE FILED:
10/26/1994
TYPE: Original
LATEST INFO RECEIVED:
10/31/1994
SEC. PARTY: LINC QUANTUM ANALYTICS INC, FILED WITH: SECRETARY OF
FOSTER CITY, CA
STATE/UCC DIVISION,
DEBTOR:
AUTORESEARCH LABORATORIES INC,
IL
HARVEY,
IL
-------------------------------------------------------------------------------
COLLATERAL: Specified Equipment including proceeds and products
FILING NO:
3152494
DATE FILED:
08/04/1993
TYPE: Original LATEST
INFO RECEIVED: 08/25/1993
SEC. PARTY: LINC QUANTUM ANALYTICS, FOSTER FILED WITH: SECRETARY OF
CITY, CA
STATE/UCC DIVISION,
ASSIGNEE:
NATIONAL WESTMINSTER BANK IL
USA-AGENT, NEW YORK, NY
DEBTOR:
AUTORESEARCH LABORATORIES
INCORPORATED, HARVEY, IL
-------------------------------------------------------------------------------
COLLATERAL: Leased Communications equipment
FILING NO:
003451819
DATE FILED:
09/28/1995
TYPE: Original
LATEST INFO RECEIVED:
10/02/1995
SEC. PARTY: AMERITECH CREDIT CORP, ROLLING FILED WITH: SECRETARY OF
MEADOWS, IL STATE/UCC
DIVISION,
DEBTOR:
AUTORESEARCH LABORATORIES INC
IL
-------------------------------------------------------------------------------
COLLATERAL: Specified Equipment
FILING NO:
003241913
DATE FILED:
04/06/1994
TYPE: Original
LATEST INFO RECEIVED:
04/11/1994
SEC. PARTY: TRIUMPHE FINANCIAL CORP, FILED WITH:
SECRETARY OF
PLYMOUTH MEETING, PA
STATE/UCC DIVISION,
DEBTOR:
AUTORESEARCH LABORATORIES INC
IL
-------------------------------------------------------------------------------
FILING NO:
003286895
DATE FILED:
07/26/1994
TYPE: Assignment
LATEST INFO RECEIVED:
08/01/1994
ASSIGNEE:
LIBERTY LEASING CO, WEST DES ORIG. UCC FILED: 04/06/1994
MOINES, IA
ORIG. FILING NO: 003241913
DEBTOR: AUTORESEARCH LABORATORIES INC FILED WITH: SECRETARY
OF
STATE/UCC DIVISION,
IL
-------------------------------------------------------------------------------
FILING NO:
003324538
DATE FILED:
11/02/1994
TYPE: Assignment
LATEST INFO RECEIVED:
11/07/1994
ASSIGNEE:
HANCOCK COUNTY BANK & TRUST, ORIG. UCC FILED: 04/06/1994
GARNER, IA
ORIG. FILING NO: 003241913
DEBTOR:
AUTORESEARCH LABORATORIES INC FILED WITH: SECRETARY OF
STATE/UCC DIVISION,
IL
-------------------------------------------------------------------------------
FILING NO:
000440008
DATE FILED:
12/08/1998
TYPE: Termination
LATEST INFO RECEIVED: 12/14/1998
SEC. PARTY: HANCOCK COUNTY BANK & TRUST, ORIG. UCC
FILED: 04/06/1994
GARNER, IA
ORIG. FILING NO: 003241913
DEBTOR:
AUTORESEARCH LABORATORIES INC FILED WITH: SECRETARY OF
STATE/UCC DIVISION,
IL
-------------------------------------------------------------------------------
There are
additional UCC's in D&B's file on this company
available by
contacting 1-800-234-3867.
The public record
items contained in this report may have been
paid, terminated,
vacated or released prior to the date this
report was
printed.
===============================================================================
Business Background
HISTORY
----------------------------------------------------------------------
The Corporate
Details provided below may have been submitted by the
management of the
subject business and may not have been verified with
the government
agency which records such data.
BUSINESS TYPE:
Corporation - DATE INCORPORATED: 05/16/1959
Profit
STATE OF INCORP:
Delaware
AUTH
SHARES-COMMON: 129,000
PAR
VALUE-COMMON: No Par
Value
----------------------------------------------------------------------
04/30/02
GERALD KELLER,
CHB-PRES-CEO JOHN G BAILEY, V PRES
FIN-SEC-
TREAS
DIRECTOR(S): Ken Hennessy, Frank Kloupek, Donald L.
Powell, Robert
Ziomek, Donald
Schroedter and Edward Huskisson.
Business started 1959 by H. Ruwe Barton, Donald L. Powell and
Thomas B. Langan.
100% of capital stock is owned by officers and
employees.
100% of the capital stock is the officers and Employee Stock
Ownership Plan
(ESOP) with no one individual owning more than 10%.
H. Ruwe Burton and Thomas B. Langan withdrew from the
corporation.
GERALD KELLER born 1943.
1987-present active here.
1964-87
employed by Richfield
Company, Atlanta, GA.
JOHN G BAILEY born 1952.
Graduated from Bradley University, BS
in 1974 and North
Central College, BS in 1986.
1974-78 employed by
Canada Dry Corp,
Chicago, IL. 1978-80 employed by
C. G. Conn Ltd,
Elkhart, IN. 1980-83 employed by Lehigh Cadillac
Printing Co,
Chicago, IL. 1983-present active here. 1986 secretary and treasurer.
On October 10, 2000, the chapter Eleven bankruptcy, file number
00-29573, filed in
the U S BANKRUPTCY COURT,
CHICAGO, IL, was open
for Autoresearch
Laboratories Inc (Del).
OPERATIONS
04/30/02 Operates as a fuel and lubricant
additive testing facility which
does research of
hardware and durability of oil.
Sells on net 30
day terms. Has 150
account(s). Sells to petroleum
and automotive
industries. Territory : International.
Exports 10%.
Nonseasonal.
EMPLOYEES: 39 which
includes officer(s) and 2 part-time. 27
employed here.
FACILITIES: Owns 45,000 sq.
ft. in a one story brick building.
LOCATION: Industrial
section on main street.
BRANCHES: The company maintains
a research facility at 14750 S
Wallace St,
Harvey, IL (44,000 sq. ft.).
===============================================================================
Financial Summary
KEY BUSINESS RATIOS
NOTE:
D&B has been unable to obtain sufficient financial information
from this
company to calculate business ratios. Our check of additional outside sources
also found no information available on its financial performance.
To help you in this instance, ratios for other firms in the same
industry are
provided below to support your analysis of this business.
(Industry Norms Based on 22 Establishments)
Profitability Short-Term
Efficiency Utilization
% Solvency
(%)
(%)
Return Return Curr
Quick
Assets/ Sales/ Total Liabs/
on Sales on Net Ratio
Ratio
Sales Net working Net Worth
Worth
Capital
Firm UN UN UN UN
UN UN UN
Industry
0.6
2.8
2.6 2.3 45.5
6.4
69.7
Median
Industry
UN
UN
UN
UN UN
UN UN
Quartile
UN = Unavailable
FINANCIAL INFORMATION
04/30/02 Accountant: John R Waters &
Company, Chicago, IL.
--0--
As of April 30, 2002, a search of Dun & Bradstreet's Public
Record Database
found no open liens to which this company was named
defendant or
debtor. Public records received
hereafter will be
entered into the
Database.
On April 30, 2002, attempts
to contact the management of this
business have been
unsuccessful. Outside sources confirmed operation
and location.
===============================================================================
Customer Service
If you need any additional information, or have any questions
regarding this
report, please call our Customer Service Center at (800) 234-3867
from
anywhere within the U.S.
From outside the U.S., please call your local D&B
office.
===============================================================================
Save to My
WatchList and Close | View Receipt | Print